Nova Minerals (NVA) director lists 4 indirect stock option grants

Rhea-AI Filing Summary

Nova Minerals Ltd director Richard Beazley has filed an initial Form 3 detailing indirect holdings of four classes of stock options to buy ordinary shares. The options are held through his spouse and a trust over which he has voting and investment control. Each grant carries an exercise price of $0.4500 per share and expires on December 23, 2028. Some options are fully vested and currently exercisable, while others will vest upon achieving specified operational and sales milestones by the end of 2026, contingent on his continued employment. The filing reports holdings only, with no share purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Beazley Richard

(Last) (First) (Middle)

C/O NOVA MINERALS LIMITED

SUITE 5, 242 HAWTHORN ROAD

(Street)

CAULFIELD, VICTORIA C3 3161

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Nova Minerals Ltd [ NVA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Stock Option (right to buy)	(1)(2)	12/23/2028	Ordinary Shares	250,000	$0.45	I	By Spouse
Class B Stock Option (right to buy)	(1)(2)	12/23/2028	Ordinary Shares	375,000	$0.45	I	By Spouse
Class C Stock Option (right to buy)	(1)(3)	12/23/2028	Ordinary Shares	250,000	$0.45	I	By Spouse
Class D Stock Option (right to buy)	(1)(4)	12/23/2028	Ordinary Shares	375,000	$0.45	I	By Spouse

Explanation of Responses:

1. The reporting person has voting and investment control of this entity due to being a beneficiary of the trust.

2. The shares subject to the option are fully vested and currently exercisable.

3. Shares subject to the option will vest upon the completion of certain operational milestones by the end of 2026, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.

4. Shares subject to the option will vest upon achieving certain sales milestones, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Ian Pamensky, by Power of Attorney	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Richard Beazley’s Form 3 filing for Nova Minerals (NVA) report?

The Form 3 reports Richard Beazley’s indirect holdings of four classes of stock options over Nova Minerals ordinary shares. These options are held via his spouse and a trust, establishing his initial disclosed derivative position as a company director.

How many Nova Minerals (NVA) option grants are disclosed in Richard Beazley’s Form 3?

The filing lists four separate option grants: Class A, B, C, and D stock options. Each class relates to a different block of underlying ordinary shares, all at the same exercise price and expiration date but with differing vesting conditions.

What are the key terms of Richard Beazley’s Nova Minerals (NVA) stock options?

All four option classes have an exercise price of $0.4500 per share and expire on December 23, 2028. Some options are already fully vested, while others will vest only after specific operational and sales milestones are achieved.

Are Richard Beazley’s Nova Minerals (NVA) options fully vested according to the Form 3?

The Form 3 states that certain options are fully vested and currently exercisable. Other tranches will vest upon completion of operational and sales milestones by the end of 2026, subject to Beazley’s continued employment and milestones not yet having been achieved.

How are Richard Beazley’s Nova Minerals (NVA) options held—directly or indirectly?

The options are reported as held indirectly, noted as “By Spouse,” with footnotes explaining they are controlled through a trust. Beazley has voting and investment control due to being a beneficiary, so the positions are attributed to him as a reporting person.

Does Richard Beazley’s Nova Minerals (NVA) Form 3 show any share purchases or sales?

No, the Form 3 is an initial ownership statement listing existing option holdings. The transactions are coded as holdings, with no recorded buy or sell activity and no changes to ownership from open-market trades in this filing.